Dictionary

economics

noun plural but singular or plural in construction eco·nom·ics \ˌe-kə-ˈnä-miks, ˌē-kə-\

: a science concerned with the process or system by which goods and services are produced, sold, and bought

: the part of something that relates to money

Full Definition of ECONOMICS

1
a :  a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
b :  economic theory, principles, or practices <sound economics>
2
:  economic aspect or significance <the economics of building a new stadium>
3
:  economic conditions <current economics>

First Known Use of ECONOMICS

1792

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with ECONOMICS

May 22, 2015
nepotism Hear it
favoritism based on kinship
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